Barry Slatt Mortgage would like to profile a correspondent lender program. The following outlines one of our most competitive Life Insurance correspondent lenders in the market. Loan amounts range from $500,000 – $20,000,000 with a focus on $2,000,000 – $10,000,000 Nationwide…
The following are 2nd quarter 2019 market trends that have been identified by Barry Slatt Mortgage: Interest rates for long-term fixed-rate loans have decreased substantially since the end of 2018. While adjustable rate loans based on U.S. Prime and LIBOR…
The MBA held its annual Commercial/Multi-family Servicing and Technology Conference in Los Angeles earlier this month. Management and members of our servicing team spent several days meeting individually with our correspondent lenders, networking with peers, and learning about key issues…
ICSC RECon 2019 was held in Las Vegas, Nevada earlier this week. Half a dozen of our producers were in attendance at the retail organization’s largest annual event. Our team spent several days connecting with principal/owner clients and colleagues active…
The 10-year benchmark US Treasury (US10Y) closed today at 2.39%. The US10Y hit its year-to-date high on January 18th and has slowly dropped down to today’s current rate. This is a continued decline extending back to early October of 2018 when…
Many people in the commercial and multi-family real estate business are not familiar with the term “full-service, independent” mortgage banking company. What does this mean? Independent mortgage banking companies are generally regional privately held mortgage banking companies that offer high…
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